EAX 0.00% 32.0¢ energy action limited

Surprised EAX is going backwards now that the Emissions...

  1. 599 Posts.
    Surprised EAX is going backwards now that the Emissions Reduction Fund has passed parliament.

    Flat EPS and annualised Energy Advice would add up to around a 20c EPS or 12.5 PE.

    So much relies on believing the narrative that the past 18 months has been a short term issue due to government policy effects, but if it turns out this is the bottom of the cycle, there's a lot of value and tailwinds.
 
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